Financial background of controlling shareholder and corporate financialization
This paper studies the effect of the controlling shareholder’s financial background on the corporate financialization. We find that controlling shareholder’s financial background has a significant positive impact on corporate financialization, and the ...
Xiangyan Shi +3 more
doaj +2 more sources
IMPACT CASH FLOW RIGHT LEVERAGE OF CONTROLLING SHAREHOLDER ON PERFORMANCE IN INDONESIA [PDF]
The purpose of this study is to investigate the impact of cash flow rights leverage of controlling shareholder on performance. The ownership of common stock has some rights such as control rights and cash flow rights.
I Putu Sugiartha Sanjaya
doaj +2 more sources
Effects of Corporate Policies and Governance Practices on Ownership Structure: Evidence from Chilean Firms [PDF]
We analyze the effects of financing policies, dividends, and corporate governance on ownership structure in Chilean companies. We used a sample of 185 companies listed on the Santiago Stock Exchange that answered the NCG 341 survey on Corporate ...
Jorge Andrés Muñoz Mendoza +2 more
doaj +6 more sources
Celebrity CEOs, digital transformation and firm performance in China: the moderating role of controlling shareholders and institutional investors [PDF]
Backgroundbusiness leaders’ social status significantly impacts companies’ strategic direction and performance. Digital transformation, an important tool for companies to enhance competitiveness and resilience, plays an important role in the relationship
Rui Wang +3 more
doaj +2 more sources
Understanding Controlling Shareholder Regimes
Traditionally, the corporate governance scholarship has emphasized heavily the "dispersed shareholder regimes" in the United States and the United Kingdom, although "controlling shareholder regimes" constitute the vast majority of the world's economy.
S. Kang
openaire +3 more sources
Controlling shareholders’ portfolio composition and firm leverage
Controlling shareholders influence the leverage decisions of firms they control by assessing the investment risks posed to their overall portfolio. Our theoretical model formalizes this intuition by showing that when a firm constitutes a larger share of ...
Yuen Rong +4 more
doaj +3 more sources
CSR Initiatives of Controlling Shareholder in Share Pledge Firms: Sustainable Orientation or Interim Plan? [PDF]
This paper investigates the effects of share pledge by controlling shareholder on corporate social responsibility and the mechanism through which stock pledge affects CSR.
Guo Ruining, Li Ziyang
doaj +1 more source
Controlling shareholder expropriation is an important issue in corporate governance in emerging economies. The existing literature discusses the effects of minority shareholder legal protection, controlling shareholder ownership, and managerial ...
Ping Sun, Sheng Ma, Xinxin Xu
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Non-Controlling Minority Shareholdings and Collusion [PDF]
AbstractThis article merges theoretical literature on non-controlling minority shareholdings (NCMS) in a coherent model to study the effects of NCMS on competition and collusion. The model encompasses both the case of a common owner holding shares of rival firms as well as the case of cross ownership among rivals. We find that by softening competition,
de Haas, Samuel +2 more
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Controlling Shareholder and Tax Avoidance: Family Ownership and Corporate Governance (P. 167-180)
The objective of this study is to analyze the entrenchment effect of controlling shareholder on tax avoidance, as well as looking at the role of family ownership, commissioner effectiveness, audit committee effectiveness and external audit quality.
Masripah Masripah +2 more
doaj +3 more sources

